On November 16, 2022, Innovative Service Technology Management Services, Inc. reported a data breach with the Attorney General of Montana after the company experienced a ransomware attack targeting its computer system. According to IST Management, the breach resulted in the names, birth dates, Social Security numbers, driver’s license numbers, passport numbers, financial account information and medical billing information being compromised. Recently, IST Management sent out data breach letters to all affected parties, informing them of the incident and what they can do to protect themselves from identity theft and other frauds.
Ransomware has become one of the most common types of cyberattacks, not only based on the number of attacks but also on the number of victims. As we’ve discussed in prior posts, hackers have recently begun to lean even harder on companies to pay the demanded ransom by threatening to post any data obtained on the dark web. The result is that sensitive consumer information is often used after these attacks to carry out all types of fraud, including identity theft. Because of this, it is critical that anyone who receives a data breach letter from IST Management takes the necessary precautions to protect themselves and their highly sensitive information.
What We Know About the Innovative Service Technology Management Services Data Breach
The available information regarding the Innovative Service Technology Management Services breach comes from the company’s filing with the Attorney General of Montana. According to this source, IST Management recently learned that it was the victim of a ransomware attack. While the company did not elaborate on how it made this discovery or what led up to the incident, in response, IST Management took the affected systems offline and launched an investigation to determine the scope of the attack as well as what, if any, consumer data was leaked as a result.
The company’s investigation confirmed that an unauthorized party was able to access its computer system on June 3, 2022, shortly before launching the ransomware attack. The investigation also revealed that the files that were accessible to the hackers contained sensitive information belonging to certain individuals.
Upon discovering that sensitive consumer data was made available to an unauthorized party, Innovative Service Technology Management Services began to review the affected files to determine what information was compromised and which consumers were impacted. IST Management completed this process on October 17, 2022. While the breached information varies depending on the individual, it may include your name, birth date, Social Security number, driver’s license number, passport number, financial account information and medical billing information.
On November 16, 2022, Innovative Service Technology Management Services sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.
More Information About Innovative Service Technology Management Services, Inc.
Innovative Service Technology Management Services, Inc. is a business services company based in Atlanta, Georgia. The company provides a range of services to its business clients, including facilities management and litigation support services, as well as virtual administrative support services, document management services, digital forensics and consulting services and more. IST Management also Innovative Service Technology Management Services employs more than 2,500 people and generates approximately $326 million in annual revenue.